Hi Frank,
This is what our requirements are for safety chains in New Zealand. * Trailers under 2000kg are not required to have brakes. (but see below*).
Gross laden weight of trailer of 2,000 kg or less; Required: Unless fitted with a breakaway brake. The safety chain must be of sufficient strength to hold the trailer secure under all conditions of road use.
Gross laden weight of trailer of more than 2,000 kg but less than 2,500kg; The coupling must have a manufacturer's rating appropriate for the gross laden weight of the trailer and there must be twin safety chains that cross each other when connected.
Gross laden weight of trailer 2,500 kg and up to 3,500 kg; Safety chain not required. Must have breakaway brake system.
The safety chains must meet the applicable warrant of fitness requirements.
*Performance requirements for brakes on light trailers
Brakes fitted to a trailer, whether or not they are legally required, must be in good working order.The service brake, if fitted, must act on both wheels on at least one axle. The service brakes on the towing and towed vehicles must together be capable of stopping both vehicles within seven metres from a speed of 30 km/h.The parking brake, if fitted, must be capable of holding the trailer at rest on a slope of one in five.
http://www.nzta.govt.nz/resources/glovebox-guide-safe-loading-towing/guide-safe-loading-towing.html#performance 
Frank